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Published 9 days ago

Commercial Real Estate Mortgages Nearly Double Delinquency Rate in a Single Year as Vacancies Climb - The Florida Capital Star

Summary by The Ohio Star
by Will Kessler   The commercial real estate sector is facing the possibility of a substantial number of bankruptcies that could ultimately hamper economic recovery and threaten the wounded banking industry, according to experts who spoke to the Daily Caller News Foundation. Overall 30 day+ delinquencies on commercial mortgage-backed securities (CMBS), meaning the number of borrowers for commercial properties that failed to make a required payme…
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